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Analysts Are Neutral on These Energy Stocks: Obsidian Energy (OBE), Northern Oil And Gas (NOG)

Tipranks - Tipranks - Thu Apr 9, 9:08PM CDT

Analysts fell to the sidelines weighing in on Obsidian Energy (OBE) and Northern Oil And Gas (NOG) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Obsidian Energy (OBE)

RBC Capital analyst Rob Mann maintained a Hold rating on Obsidian Energy yesterday and set a price target of C$14.00. The company’s shares closed last Wednesday at $9.02, close to its 52-week high of $9.07.

According to TipRanks.com, Mann is ranked #2160 out of 12128 analysts.

Obsidian Energy has an analyst consensus of Moderate Buy, with a price target consensus of $8.91, implying a 1.7% upside from current levels. In a report issued on March 25, TipRanks – xAI also reiterated a Hold rating on the stock with a C$12.50 price target.

See the top stocks recommended by analysts >>

Northern Oil And Gas (NOG)

RBC Capital analyst Scott Hanold maintained a Hold rating on Northern Oil And Gas yesterday and set a price target of $35.00. The company’s shares closed last Wednesday at $28.06, close to its 52-week low of $26.60.

Hanold has an average return of 38.5% when recommending Northern Oil And Gas. ;'>

According to TipRanks.com, Hanold is ranked #26 out of 12128 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Northern Oil And Gas with a $32.33 average price target, which is a 17.9% upside from current levels. In a report issued on March 28, TipRanks – xAI also downgraded the stock to Hold with a $33.00 price target.

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